NOT LISTED FOR SALE

118 Geraldine St Unit 5 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $781,000 - $902,000

2 Beds
2 Baths
616 Sq Ft
4,356 Sq Ft Lot

Last Sold October 17, 2014

Last sale price $285,000 $463 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $4,930/month

107 Days on Market

Highlights

  • No HOA
  • Skylights
  • 4-minute walk to Truman Waterfront Park

About This Home

As of October 2014

Old Town Key West free-standing two story condo in the heart of downtown. Walk or bike nearly everywhere to sample restaurants, beaches, and nightlife at your own pace. Upstairs offers a master bedroom and bath as well as a sense of privacy from the downstairs living and dining area. This condo has the feel of a private home for you to enjoy.

Last Agent to Sell the Property

Melva Borley

Sunshine State Realty Service License #0668411 Listed on: 07/01/2014

Last Buyer's Agent

Non Member

Non-Member Office (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,978

Year Built

  • Built in 1933

Lot Details

  • 4,356

Home Design

  • Frame Construction

Interior Spaces

  • 616 Sq Ft Home
  • Skylights

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters

Community Details

Overview

  • No Home Owners Association
  • Association fees include building insurance

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,978

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 1111.05
  • Mandatory HOA: No
  • Fee Includes: Building Insurance
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1978.00
  • Year Built: 1933
  • Alternate Key Number: 9036171
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 4291.00
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 616.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Sky Light(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2022
Sold by
Karin Doris Wahlmann Trust
Bought by
Speigel Daniel F and Speigel Andrea
Current Estimated Value
$835,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,500
Outstanding Balance
$521,414
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$225,054

Purchase Details

Closed on
Aug 1, 2016
Bought by
Wahlmann Karin Doris Trust 8/016

Purchase Details

Listed on
Jul 1, 2014
Closed on
Sep 24, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Blitte Karin Wahlmann
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Non Member
Non-Member Office (KW)
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$228,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2014
Sold by
Moore Carey A and Moore Patricia E
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jan 31, 2005
Sold by
Pelcher Shelley F
Bought by
Moore Carey A and Moore Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,200
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2003
Sold by
Prospero Properties Inc
Bought by
Pelcher Shelley F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,250
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Speigel Daniel F $795,000 Oropeza Stones Cardenas Pllc
Wahlmann Karin Doris Trust 8/016 -- --
Blitte Karin Wahlmann $285,000 Bay National Title Company
Jpmorgan Chase Bank National Association -- None Available
Moore Carey A $544,000 --
Pelcher Shelley F $302,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speigel Daniel F $556,500
Previous Owner Blitte Karin Wahlmann $228,000
Previous Owner Moore Carey A $435,200
Previous Owner Pelcher Shelley F $272,250
Closed Moore Carey A $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $285,000 -4.7% $463 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $299,000 -- $485 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,978 $659,121 -- $659,121
2023 $5,978 $659,121 $0 $659,121
2022 $1,638 $185,337 $0 $0
2021 $1,648 $179,939 $0 $179,939
2020 $1,619 $177,455 $0 $177,455
2019 $1,590 $173,466 $0 $173,466
2018 $1,578 $170,232 $0 $0
2017 $1,565 $166,731 $0 $0
2016 $1,595 $163,302 $0 $0
2015 $2,049 $163,302 $0 $0
2014 $2,115 $163,302 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melva Borley

    Seller's Agent in 2014

    Melva Borley

    Sunshine State Realty Service

    (305) 797-4324

    3 in this area

    76 Total Sales

    Melva Borley
    Section Image

  • N

    Buyer's Agent in 2014

    Non Member

    Non-Member Office (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120035

Florida Keys Board of REALTORS®

APN: 00013790-000105

Florida Monroe County Key West 33040 Old Town

118 Geraldine St Unit 5, Key West, FL

This home is located at 118 Geraldine St Unit 5, Key West, FL 33040 since 01 July 2014 and is currently estimated at $835,840, approximately $1,356 per square foot. This property was built in 1933. 118 Geraldine St Unit 5 is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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